Asia Pacific nations face mounting climate costs as the world crosses the 1.5°C threshold, with extreme weather driving inflation, disaster risks and a US$815 billion annual financing gap for adaptation and resilience.
Several big insurers have pulled out of the coal business due to their exclusion policies in recent years. The investor group's regional network plans to start persuading these players to consider covering early retirement transactions.
Zhi Ling Wong, who spent over a decade working on risk management for the British lender in response to global regulations, is one of the key APAC appointments the life insurer has made after its sustainability revamp in 2023.
The Federal Reserve is perhaps the most significant independent economic actor in the US. Yet it has surrendered to Trump – the Fed Board withdrew from a global network that brought together central banks to improve climate risk management.
Oleh
Stuart P.M. Mackintosh
What does the future hold for the millions of women left to work in Asia's agriculture sector battling a climate in collapse?
Oleh
Gabriela Fernando dan
Samanthi Gunawardana
COP28 will take stock of the step change in ambition needed, but the gulf in climate finance promises and realities presents an obstacle to a stronger action.
Oleh
Michael Dolan
24-year-old Indonesian doctor Gamal Albinsaid's Garbage Clinical Insurance is helping Indonesians get their medical health cover through selling household waste. Watch his story here.
Asia lags the world in natural catastrophe protection. Part of the problem could be counting extreme weather losses only after they happen, industry insiders tell the Eco-Business podcast.